{"id":27749,"date":"2026-01-06T12:28:15","date_gmt":"2026-01-06T12:28:15","guid":{"rendered":"https:\/\/gsrra.com\/?p=27749"},"modified":"2026-01-06T12:28:18","modified_gmt":"2026-01-06T12:28:18","slug":"pakistans-antimony-metal-draws-interest-from-us-miner-nova-minerals","status":"publish","type":"post","link":"https:\/\/gsrra.com\/?p=27749","title":{"rendered":"Pakistan\u2019s antimony metal draws interest from US miner Nova Minerals"},"content":{"rendered":"\n

<\/a><\/a><\/a><\/a><\/a>Nova Minerals Limited, a US-based mining exploration and development company listed on the ASX and NASDAQ, has clarified that discussions related to the potential sourcing of antimony – a silvery-white metal that is found in the earth\u2019s crust – from Pakistan remain preliminary and exploratory.<\/strong><\/p>\n\n\n\n

The clarification comes following media reports on the company\u2019s arrangements to acquire Pakistani antimony, the ASX-listed miner said on Monday.<\/p>\n\n\n\n

\u201cThe company wishes to clarify that, while preliminary discussions have been held in relation to sourcing antimony concentrate for testing purposes, principally to assess plant capability, all discussions remain exploratory in nature,\u201d Nova Minerals informed the bourse.<\/p>\n\n\n\n

\u201cNova\u2019s focus in 2026 continues to be completing the Feasibility Study for its gold assets and commencing production of military-grade antimony trisulfide, supported by the recent $43.4 million award from the U.S. Department of Defense,\u201d it added.<\/p>\n\n\n\n

\n

FACTBOX<\/strong>:<\/p>\n\n\n\n

Antimony is designated as a critical mineral by both the United States and Canada due to its essential role in national security, energy infrastructure, and industrial manufacturing. The metal is considered strategic because it has limited sources of domestic production, and North America is highly dependent on imports \u2014 primarily from China<\/p>\n<\/blockquote>\n\n\n\n

Last month, the Financial Times<\/em> reported that Pakistan-based Himalayan Earth Exploration company signed a \u201cstrategic partnership\u201d with Nova Minerals <\/a>to \u201cstrengthen US-Pakistan economic ties\u201d through exploring for antimony, read the report.<\/p>\n\n\n\n

Back in November, the Board of Investment (BOI) met a delegation from Nova Minerals Ltd. During the discussion, the Nova Minerals delegation expressed strong interest in exploring investment opportunities in Pakistan\u2019s mineral and mining sectors, particularly in antimony and rare earth minerals.<\/p>\n\n\n\n

Christopher Gerteisen, Nova\u2019s chief executive, told the FT that his company will purchase \u201cover 100 tonnes\u201d of Pakistani antimony concentrate for approximately $2 million early next year, to be used for testing and processing in Alaska.<\/p>\n\n\n\n

It may eventually set up \u201cdownstream processing\u201d of the ore in Pakistan, he said.<\/p>\n\n\n\n

\u201cThe Department of War encouraged us to go out in the world and find whatever we can,\u201d he added.<\/p>\n\n\n\n

The clarification comes following media reports on the company\u2019s arrangements to acquire Pakistani antimony, the ASX-listed miner said on Monday.<\/p>\n\n\n\n

\u201cThe company wishes to clarify that, while preliminary discussions have been held in relation to sourcing antimony concentrate for testing purposes, principally to assess plant capability, all discussions remain exploratory in nature,\u201d Nova Minerals informed the bourse.<\/p>\n\n\n\n

\u201cNova\u2019s focus in 2026 continues to be completing the Feasibility Study for its gold assets and commencing production of military-grade antimony trisulfide, supported by the recent $43.4 million award from the U.S. Department of Defense,\u201d it added.<\/p>\n\n\n\n

\n

FACTBOX<\/strong>:<\/p>\n\n\n\n

Antimony is designated as a critical mineral by both the United States and Canada due to its essential role in national security, energy infrastructure, and industrial manufacturing. The metal is considered strategic because it has limited sources of domestic production, and North America is highly dependent on imports \u2014 primarily from China<\/p>\n<\/blockquote>\n\n\n\n

Last month, the Financial Times<\/em> reported that Pakistan-based Himalayan Earth Exploration company signed a \u201cstrategic partnership\u201d with Nova Minerals <\/a>to \u201cstrengthen US-Pakistan economic ties\u201d through exploring for antimony, read the report.<\/p>\n\n\n\n

Back in November, the Board of Investment (BOI) met a delegation from Nova Minerals Ltd. During the discussion, the Nova Minerals delegation expressed strong interest in exploring investment opportunities in Pakistan\u2019s mineral and mining sectors, particularly in antimony and rare earth minerals.<\/p>\n\n\n\n

Christopher Gerteisen, Nova\u2019s chief executive, told the FT that his company will purchase \u201cover 100 tonnes\u201d of Pakistani antimony concentrate for approximately $2 million early next year, to be used for testing and processing in Alaska.<\/p>\n\n\n\n

It may eventually set up \u201cdownstream processing\u201d of the ore in Pakistan, he said.<\/p>\n\n\n\n

\u201cThe Department of War encouraged us to go out in the world and find whatever we can,\u201d he added.<\/p>\n\n\n\n

Reference Link:- https:\/\/www.brecorder.com\/news\/40400843<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Nova Minerals Limited, a US-based mining exploration and development company listed on the ASX and NASDAQ, has clarified that discussions related to the potential sourcing of antimony – a silvery-white metal that is found in the earth\u2019s crust – from Pakistan remain preliminary and exploratory. The clarification comes following media reports on the company\u2019s arrangements […]<\/p>\n","protected":false},"author":1,"featured_media":27750,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"aside","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2],"tags":[25963,25965,483,25968,25964,25966,25967],"class_list":["post-27749","post","type-post","status-publish","format-aside","has-post-thumbnail","hentry","category-sample-category","tag-antimony-2","tag-ctitical-minerals","tag-pakistan-2","tag-pakistan-us-3","tag-rare-metals-2","tag-rich-in-mine-minerals","tag-us-miner-nova-minerals","post_format-post-format-aside"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/27749","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27749"}],"version-history":[{"count":2,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/27749\/revisions"}],"predecessor-version":[{"id":27752,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/27749\/revisions\/27752"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/media\/27750"}],"wp:attachment":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}